Sustainability

"Our world is continuously evolving, and so are we.  Sustainability is without question one of the most important and pressing challenges for modern society and at INOVYN we believe we have a vital role to play.  The target is clear.  The UN has set our generation’s greatest challenge, to achieve carbon neutrality by 2050."

- Geir Tuft, CEO INOVYN.

INOVYN is at the forefront of responding to society’s complex needs, both sustainably and responsibly.

Demanding targets are not new to us. INOVYN continually pushes the boundaries, using our expertise and know-how to deliver ongoing improvements to our own products and processes and those of our customers.

 

Driving sustainability to the next level

 

INOVYN is measuring and pushing sustainable development across four key areas: responsible care, carbon neutrality, circularity and value to society. By sharing these developments with the wider industry, we hope to deliver a message of unity and action on sustainability.

 

INOVYN - Europe's low carbon partner

 

INOVYN is the first European chemical company to launch its own Environmental Product Declarations (EPDs) covering its chlor-alkali and PVC product range.

These declarations confirm INOVYN’s position as Europe’s premier low carbon producer, resulting from investments and improvements delivered by the Company in recent years.

INOVYN’s EPDs were prepared using industry best practice methodology by the Institute for Energy & Environmental Research Heidelberg, one of Europe’s most respected and independent ecological institutes. 

The same methodology has been used by PlasticsEurope and Euro Chlor.

Our EPDs evaluate INOVYN’s product portfolio against an extensive set of parameters including the extraction and refining of raw materials; energy production and supply; and resource inputs and emissions.

Our industry is continuously seeking readily available, low carbon raw materials to meet the ever-increasing demand for sustainable end products. With its EPDs, INOVYN offers its industrial customers the benefit of being able to report significantly improved eco-profiles based on credible, independently verified data.

 

New product development

 

With the launch of BIOVYN™ in 2019, INOVYN became the world’s first commercial producer of bio-attributed PVC using a renewable supply chain fully certified by The Roundtable on Sustainable Biomaterials (RSB).

Since its launch, there has been global interest in BIOVYN™ across almost every industrial sector, including some of the world's most famous consumer brands, demonstrating the extremely strong sustainability credentials of this next generation of PVC.

You can find out more about BIOVYN™on our dedicated website at www.biovyn.com

 

Sustainability reporting

 

INOVYN is committed to transparency and will report on progress through an annual Environmental, Social & Government Report.

Prepared according to Global Reporting Initiative (GRI) standards, we will show how we deliver sustainable progress across our own activities and in partnership with those who work with us. Our first ESG Report will be available in Q3 2021.

 

 

INOVYN is also evaluated annually by EcoVadis, the world’s leading sustainability ratings provider. EcoVadis is recognised as one of the leading global independent assessors of environmental and labour practices, ethics and supplier sustainability.

In March 2021, we were reaccredited Gold Merit status for the third consecutive year from EcoVadis with improvements in Procurement and Business Ethics.

  • In our previous assessment, INOVYN delivered a 10% improvement in its overall score thanks to continued progress during 2019 towards making INOVYN fully sustainable.

  • Overall, INOVYN is in the top 3% of all companies assessed within its industry group.

Retention of our Gold Merit status is a clear indicator to our customers, suppliers and wider stakeholders of the excellent progress we continue to make in this increasingly important area.

 

Industry activities

 

We are proud to support and participate in sustainability initiatives through partnerships across our industry and along the value chain to address sustainability challenges and promote safety and sustainability in our industry.

INOVYN is one of the founding partners and single largest contributors of VinylPlus®, the Voluntary Commitment of the European PVC industry. Launched in 2011, the VinylPlus® programme provides a long-term framework addressing five key challenges that address PVC’s sustainability.

The Progress Report 2021 highlights the 2020 activies and summarises the key achievements of the past 10 years in each of the five key sustainability challenges identified for the European PVC industry on the basis of The Natural Step (TNS) System Conditions for a Sustainable Society.

Click for more information on INOVYN's involvement with VinylPlus.

 

INOVYN is delighted to have worked in partnership with the UK Chemical Industries Association and ITN Productions to create an exciting programme featuring key industry reviews and news-style reports along with sponsored editorial profiles.

Click for more information on Chemical Industries Association - 'Solutions for our Future'.